Financial Assets and Liabilities (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Financial Assets and Liabilities [Abstract] |
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| Schedule of Financial Assets |
The following table sets out the financial assets as at the end of the reporting period: | | | June 30, | | | December 31, | | | | | 2026 | | | 2025 | | | Financial assets | | | | | | | | Cash | | $ | 13,070 | | | $ | 19,033 | | | Accounts receivable and other receivables, net | | | 44 | | | | 4,839 | | | Receivable for private company shares | | | - | | | | 8,978 | | | Loans receivable* | | | 91 | | | | 110 | | | Investment in private company shares | | | 6,978 | | | | - | | | Total | | $ | 20,183 | | | $ | 32,960 | | | * | Loans receivable for the six months ended June 30, 2026 and December 31, 2025 is presented in the statement of financial position under prepayments and other current assets. |
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| Schedule of Financial Asset at Amortized Cost |
At the end of our reporting period ended June 30, 2026, management created an allowance for accounts receivable due from its disposed subsidiary (Juve Stabia) in the amount of $3,114. | Financial Asset at Amortized Cost | | 12-Month or Lifetime ECL | | Gross Carrying
Amount
USD | | | Loss
Allowance
USD | | | Net carrying
Amount
USD | | | June 30, 2026 | | | | | | | | | | | | | | | Accounts receivable – Juve Stabia
(former subsidiary) | | Lifetime ECL -
credit-impaired | | $ | 3,114 | | | $ | 3,114 | | | $ | - | | | Accounts receivable | | Lifetime ECL -
Not credit-impaired | | $ | 124 | | | $ | 80 | | | $ | 44 | | | Other receivables | | 12-month ECL | | | - | | | | - | | | | - | | | | | | | $ | 3,238 | | | $ | 3,194 | | | $ | 44 | | | December 31, 2025 | | | | | | | | | | | | | | | | Accounts receivable | | Lifetime ECL -
Not credit-impaired | | $ | 5,848 | | | $ | 1,009 | | | $ | 4,839 | | | Other receivables | | 12-month ECL | | | - | | | | - | | | | - | | | | | | | $ | 5,848 | | | $ | 1,009 | | | $ | 4,839 | |
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| Schedule of Allowance for Expected Credit Losses |
| | | June 30, | | | December 31, | | | | | 2026 | | | 2025 | | | Financial assets | | | | | | | | Opening ECL Allowance | | $ | 1,009 | | | $ | 9 | | | ECL allowance – Juve Stabia acquisition | | | - | | | | 292 | | | Amount reclassified to discontinued operations | | | (929 | ) | | | - | | | Increase in lifetime ECL - charged to profit or loss | | | 3,114 | | | | 1,740 | | | Write-offs during the year (against ECL) | | | - | | | | (1,032 | ) | | Total ECL Allowance | | $ | 3,194 | | | $ | 1,009 | |
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| Schedule of Financial Liablities |
The following table sets out the financial liabilities as at the end of the reporting period: | | | June 30, | | | December 31, | | | | | 2026 | | | 2025 | | | Accounts payable and other payables | | $ | 944 | | | $ | 16,166 | | | Accruals and other current liabilities | | | 7,202 | | | | 1,644 | | | Long-term payables and other long-term liabilities | | | 118 | | | | 6,931 | | | | | $ | 8,264 | | | $ | 24,741 | |
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